Quote:
Originally posted by JanusCole
.for instance a university endowment is little more than a "non-profit" mutual fund
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But the original source of the endowments is philanthropic. Without the original gift, there is nothing to incorporate.
I see what you're saying, but I still have questions about the numbers and scale. For instance to educate every kid in your town, how many "non-profit" companies are we talking about?
I'm not trying to diss the idea...just see if it has legs under scrutiny. I'd like to try and fix this problem. Somebody has to....might as well be pelicans.